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Nov 22, 2012
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steve is right. the people most, but the people who are most harmed by that are the people who do not stick to the party line. think about what that means to people -- the only way to make progress on issues, whether it is immigration, fiscal issues, taxes, is people on both parties have been willing to step back a little bit and take heed. if you have the super pac's coming in ending your political career -- some will still take that step but it will give people pause. there is legislative, there is legal, constitutional amendment, but it is a big concern. for a lot people, candidates want to be in control their own to the extent they can. the fact they are becoming secondary actors in both campaign -- is making people increasingly uncomfortable. >> think about athlete sponsorships-- maybe they can wear t-shirts, like newt gingrich, sponsored by sheldon adelson. >> like a european soccer jersey. [laughter] >> question from a non student? >> i would like to hear your opinion of grover norquist and th
steve is right. the people most, but the people who are most harmed by that are the people who do not stick to the party line. think about what that means to people -- the only way to make progress on issues, whether it is immigration, fiscal issues, taxes, is people on both parties have been willing to step back a little bit and take heed. if you have the super pac's coming in ending your political career -- some will still take that step but it will give people pause. there is legislative,...
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Nov 29, 2012
11/12
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a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big man kevin garnett was fouled by brooklyn net kris i was married to a kardashian for five minutes humphries. boston guard rajon rondo didn't like it. both humphries and rondo were kicked out with another net, gerald wallace. i hope the negotiations on the fiscal whatever we call it don't end up like that. are you listening, mr. boehner. >> this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. >> to talk all things politics, we bring in nick from the "new york times." politico is reporting today boehner and the pre
a tip of the jersey to hall of fame coach steve smith of north carolina. with all the talk and posturing going on, mr. director, do you have our fancy animation on this? he says it's not ready yet. >> why not? >> we'll go back to our preseason graphic. we're calling this, depending on how we feel that day, either the fiscal cliff. boo. the fiscal slope. hmm. the fiscal fiesta, my personal favorite. or the fiscal follies. this is from the boston celtics' game last night. celtic big...
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Nov 27, 2012
11/12
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joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsiveness in hurricane sandy, so there's still some upset there over that. you know, i think the other thing this points out, you were mentioning, chris christie underscoring how important bipartisanship and cooperation is to voters. the other thing i think it underscores is how effective government is important to voters. peel saw him doing a great job handling hurricane sandy and republicans for so long have been the party of obstructionism, of doing everything they can to keep government from working. that's the other message. people to want see a government that actually works. >> and a government that deals together in crisis, when
joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsiveness in hurricane sandy, so there's still some upset there over that. you know, i think...
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Nov 21, 2012
11/12
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here's steve. and as always, if for some reason cobbler cannot fulfill his duties as the official white house turkey, gobbler will be waiting in the wings. from here, these two -- from here, these two lucky birds will be swept up in a whirlwind of fame and fortune that will ultimately leave them to mt. vernon where they spend their twilight years in the storied home of george washington and later today, michelle, malia, sasha and i taking not so lucky turkeys to a food bank here in washington, d.c. i want to thank jandyl farms in pennsylvania for donating those birds and like to ask every american to do what they can to help families who are in need of a real thanksgiving this year. tomorrow in the company of friends and loved ones, we will celebrate a uniquely american holiday and it's a chance for us to spend time with the people we care about and to give thanks for the blessings that we enjoy and to think about just how lucky to live in the greatest nation on earth but it's also a time to rememb
here's steve. and as always, if for some reason cobbler cannot fulfill his duties as the official white house turkey, gobbler will be waiting in the wings. from here, these two -- from here, these two lucky birds will be swept up in a whirlwind of fame and fortune that will ultimately leave them to mt. vernon where they spend their twilight years in the storied home of george washington and later today, michelle, malia, sasha and i taking not so lucky turkeys to a food bank here in washington,...
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Nov 26, 2012
11/12
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. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king ran, he might be a favorite in the party primary but he would have a hard time winning a general election appealing to a more broad base of voters and my colleague interviewed the governor of iowa, the republican governor, terry branstad who all but urged him to stay out of the senate race. >> and michele bachmann, another tea party favorite. >> it is amazing how michele bachmann's star shining so brightly in the presidential race now barely hung onto her house seat in the last election and she has been talked about as a possible senate challenger to al franken in 2014 but repub
. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king...
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Nov 23, 2012
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steve, speaking of 2016, what about david petraeus? "the new york times" has a piece talking about his future and it wasn't all that long ago he was talked about as a presidential candidate. let's face it, presidential candidates have survived similar situati situations he's facing. >> i think presidents have survived that situation. i'm not sure aspiring four steps removed potential candidates have survived it. general petraeus has a future but i think it's more like hi in writing his own book. i can't see him winning the nomination. right now just can't see him winning. >> chip saltsman phone it in, thank you, all three of you. good to see you. >>> coming up, a horrifying pileup in texas sends dozens to the hospital. details on what triggered the deadly chain reaction next. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in f
steve, speaking of 2016, what about david petraeus? "the new york times" has a piece talking about his future and it wasn't all that long ago he was talked about as a presidential candidate. let's face it, presidential candidates have survived similar situati situations he's facing. >> i think presidents have survived that situation. i'm not sure aspiring four steps removed potential candidates have survived it. general petraeus has a future but i think it's more like hi in...
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Nov 24, 2012
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chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you remember last year, democrats wouldn't -- refused to budge on this issue. they're not going to do it again. president obama's out there, all campaigns saying health care is law now. now that he's in office again for a second term, there's no way this happens. it didn't happen last time. it won't happen this time. >> so then, steve, i thought he said affordable health care act was the law of the la
chief correspondent for mcclatchy newspaper steve selma. welcome to you both. >> thank you. >> steve, why don't you head on up here? i'm going to begin with amy. i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care....
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Nov 21, 2012
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uncle steve at the table. sorry. >> no. exactly. if you get cornered by somebody, have an exit strategy, have a question before hand ready to go to kind of redirect conversation because frankly we've all already voted. you're not going to change anybody's mind. >> has it gotten worse in recent years, jonathan, in part because of people like you who write columns that get us all worked up? >> yes. >> yes. it's my fault. >> it's my fault. it's our fault. but also because there's so much information out there, so many people have things to say on twitter, on facebook, on blogs and newspapers. magazines. >> a little information can be a dangerous thing for the holiday around the table. >> especially information that you don't know whether it's true or not nap's the other thing. >> you've been reading too many blogs. what are the rules for etiquette for surviving a family meal, especially at thanksgiving when the whole idea is to say aren't we all glad to be sitting around the same table and sharing our time together? >> keep the focus t
uncle steve at the table. sorry. >> no. exactly. if you get cornered by somebody, have an exit strategy, have a question before hand ready to go to kind of redirect conversation because frankly we've all already voted. you're not going to change anybody's mind. >> has it gotten worse in recent years, jonathan, in part because of people like you who write columns that get us all worked up? >> yes. >> yes. it's my fault. >> it's my fault. it's our fault. but also...
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Nov 22, 2012
11/12
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i'm steve kroft. in this edition, we look at three stories linked by the financial collapse of 2008. first, we examine a scam that's cost thousands of americans their homes. then we look into wall street's shadow market of credit default swaps. finally, a report on the perilous state of state finances. we begin with the foreclosure crisis. in the aftermath of the great recession, the huge number of foreclosed properties was a significant factor in weighing down the economy. many were stuck on the market for an unexpected reason: the banks couldn't find the ownership documents. as scott pelley first reported in april 2011, lenders wanting to evict people found that often, the legal documents behind the mortgages simply weren't there. caught in a jam of their own making, some companies appeared to have resorted to forgery to throw people down on their luck out of their homes. >> these folks on the street aren't homeless. they slept on the sidewalk because they want to keep their homes. facing foreclosur
i'm steve kroft. in this edition, we look at three stories linked by the financial collapse of 2008. first, we examine a scam that's cost thousands of americans their homes. then we look into wall street's shadow market of credit default swaps. finally, a report on the perilous state of state finances. we begin with the foreclosure crisis. in the aftermath of the great recession, the huge number of foreclosed properties was a significant factor in weighing down the economy. many were stuck on...
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Nov 21, 2012
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today steve cohen friend of our show, democrat from tennessee, the first district there said this in "the washington post" in an op eth. we ask that your departments take no enforcement action against anyone who acts in compliance with the laws of colorado, washington and any other states that choose to regulate access to marijuana for medicinal or personal use. it is not just the elected officials or the liberals. you have people who were in law enforcement, law enforcement against prohibition. this is the leap letter. after 40 years of the drug war people no longer look upon law enforcement as heroes but as people to be feared. this is particularly true in poor neighborhoods and those people of color and -- and those of people of color and it impacts our ability to fight real crime. i'm joined with michael tricia, ana and we invite a criminal defense. sara, what happens? how does this work if there's a federal -- one federal law but the state makes up a law in colorado, the people have spoken. in colorado, they said listen, we want legalization. >> they voted for this. so good ques
today steve cohen friend of our show, democrat from tennessee, the first district there said this in "the washington post" in an op eth. we ask that your departments take no enforcement action against anyone who acts in compliance with the laws of colorado, washington and any other states that choose to regulate access to marijuana for medicinal or personal use. it is not just the elected officials or the liberals. you have people who were in law enforcement, law enforcement against...
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Nov 29, 2012
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one in 175 million chance. >> it's a loser's game. >> oh, steve! >> steve, what are you saying? loser. willie, didn't you -- >> i did. >> interesting sidebar. i used to do advertising for publisher's clearinghouse. without exception the people that got the $25 million prize, which is still a lot of money, destroyed their lives. they quit their jobs. >> donny, there are a lot of people out there that would like to experience that. >> just give me the moment. >> donny is right. the whole thing of being removed from the people who you've lived with, who are your friends, neighborhood, your community, that amount of money takes you out of that. >> people i don't know who call themselves relatives calling me up saying, hey, can you help a brother out. >> notice how rattner and doich sort of poo-poo the lottery. for them, $500 million. >>> let's get to the fiscal cliff. politico has an exclusive report that president obama and house speaker boehner had a television conversation. politico characterizes it as, quote, kurt. he wants the white house to move his position on tax rates, but
one in 175 million chance. >> it's a loser's game. >> oh, steve! >> steve, what are you saying? loser. willie, didn't you -- >> i did. >> interesting sidebar. i used to do advertising for publisher's clearinghouse. without exception the people that got the $25 million prize, which is still a lot of money, destroyed their lives. they quit their jobs. >> donny, there are a lot of people out there that would like to experience that. >> just give me the...
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Nov 25, 2012
11/12
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steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to mke dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out to be predent of one of the nation's biggest autocompanis and became governor of the state of the michigan. >> my dear friend rick unger has to be brought up to date. he didn't get them. it is supplement security income and that is it free money from the government. this is in addition to medicaid and to food stamps it is a $1,000 a month you get. it is it a lot of new stuff. this by the way w started under ri
steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to mke dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information...
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Nov 22, 2012
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these people are so far over i will argue they make the republican party look whacky and loony as steve schmitz said the other day. >> i'll tell you would -- go ahead, erin. >> i was going to say let's go back to dan's first comment. dan is a smart guy but that was naive of him to say. look, no one liked mitt romney to begin with. people don't like mitt romney now. he had a good first debate and so people thought, oh, maybe he actually has a chance. but the republican party never liked mitt romney 37 they never felt in love with him. he happened to be the establishment guy who was going to get the job. you look to the 2016 field of republican candidates and a lot of the electorate loves those people. like marco rubio. the electorate loves him. i'm sorry, i think dan was very off on those comments. >> chris, there's something deeper here we haven't talked about -- >> let's start with something simple. let's assume the republican party wants to rebuild and to be a four quarter offense, they want to compete in the northeast, southeast, midwest and the west. let's assume that. are you sayin
these people are so far over i will argue they make the republican party look whacky and loony as steve schmitz said the other day. >> i'll tell you would -- go ahead, erin. >> i was going to say let's go back to dan's first comment. dan is a smart guy but that was naive of him to say. look, no one liked mitt romney to begin with. people don't like mitt romney now. he had a good first debate and so people thought, oh, maybe he actually has a chance. but the republican party never...
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Nov 23, 2012
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congressman steve kg with how president obama's mother managed to convince us her son was born in hawaii, not in kenya. >> i looked into that before he was sworn in for the presidency. we went down into the library of congress and find a micro fish there of two newspapers only two newspapers in hawaii, each of them published the birth of barack obama. it would have been awfully hard to fraudulently file the birth notice of barack obama being born in hawaii. that doesn't mean there aren't some other explanations of how they might have announced that by telegram from ken yashgs the list goes on. >> by telegram? i guess she neglected to consider the mother naming her son barack husain obama might be a minor setback for her son's future run for theresidency of the united states. these people are loony. from mitt romney's 47% video to president obama's debate disaster in denver, the biggest turning points in the general election. you're watching "hardball" the place for politics. >>> i'm craig melvin. here's what's happening. protesters have taken to the streets of egypt after president moham
congressman steve kg with how president obama's mother managed to convince us her son was born in hawaii, not in kenya. >> i looked into that before he was sworn in for the presidency. we went down into the library of congress and find a micro fish there of two newspapers only two newspapers in hawaii, each of them published the birth of barack obama. it would have been awfully hard to fraudulently file the birth notice of barack obama being born in hawaii. that doesn't mean there aren't...
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steve kane welcome to the kaiser report. would be lovely to be with you in london i understand your. stripper i have got some. of the district trees here so we do this to the music. that was my favorite show like that with rod steiger strips off many more lies and i intend doing a second and this is a beautiful little say show that i had. been designed by a group in london called sold mad money. so i mean to be able to stay stable and i fantastic so everything but the paul and the pole dancing. and but stability is destabilising of course this is a theme that runs through your work yeah and that right now we have tremendous stability quote unquote in the bond market people are quite anxious to get into those bonds those are some of those stable but according to minsk the stability and fosters instability doesn't it so does you know you and i differ on this one i'm going to continue differing alive i don't believe there's going to be a collapse in bonn process of sovereign bonds because fundamentally the reserve banks in ever
steve kane welcome to the kaiser report. would be lovely to be with you in london i understand your. stripper i have got some. of the district trees here so we do this to the music. that was my favorite show like that with rod steiger strips off many more lies and i intend doing a second and this is a beautiful little say show that i had. been designed by a group in london called sold mad money. so i mean to be able to stay stable and i fantastic so everything but the paul and the pole dancing....
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Nov 23, 2012
11/12
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no charges filed yet against steve cohen or as ac. seven managers or executives, i guess, have been charged with insider investigating. they are looking at him and his firm very closely. the fox business network, about a year ago, i think it was february, the first to report that steve cohen home phone was bugged. sometime around 2007-2008. they had a court order. they have probable cause to get that. the point is, they have been looking at this guy for a long time. they still have not got him. they think something is wrong there. dagen: organized crime. right. charlie: when the fox business network was first to report all of this, he recommended that we show in organized, a chart like in organized crime chart that describes how it works. he believed, based on his information, that the feds really believed this was an organization that commits crimes. obviously, not murder and extortion. they got really annoyed at that. they went nuts on that chart. we can tell you right here, guys, you may not like it, but the feds do have a chart of
no charges filed yet against steve cohen or as ac. seven managers or executives, i guess, have been charged with insider investigating. they are looking at him and his firm very closely. the fox business network, about a year ago, i think it was february, the first to report that steve cohen home phone was bugged. sometime around 2007-2008. they had a court order. they have probable cause to get that. the point is, they have been looking at this guy for a long time. they still have not got him....
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we have steve king in the studio. download the official. sofa choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need to. see any time and. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought. i'm tom harpur welcome to the big picture. more news today. again flared up if these are the images being from the streets of canada. the giant corporations are today. i am as casual come back to the kaiser report time now to turn to steve keen author of debugging economics steve kane welcome to the kaiser report to be a man lovely to be with you in london i understand you're you've become a stripper i have i have got some of them stripped down there was a district to use here so we did this to the music. that was my favorite show like that with rod steiger strips off many more lives than i intend doing a second and this is a beautiful little say show that i had.
we have steve king in the studio. download the official. sofa choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need to. see any time and. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought. i'm tom harpur welcome to the big picture. more news today. again flared up if these are the images being from the...
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all right that's all the time we have you can sit down steve. all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert and i guess dave keene if you'd like to send me an e-mail please do so at kaiser reported r t t v dot ru the next night nice guys are saying but you know. download the official application. choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch on t.v. all you need is your mobile device to watch our scene any time any.
all right that's all the time we have you can sit down steve. all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert and i guess dave keene if you'd like to send me an e-mail please do so at kaiser reported r t t v dot ru the next night nice guys are saying but you know. download the official application. choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch on t.v. all you need is your...
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Nov 23, 2012
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cheryl: interest and other fed in bringing charges against steve cohen. it appears even though he hasn't been convicted or charged with insider trading or anything some investigators are likening him to the head of an organized-crime family. senior correspondent charlie gasparino have a latest. charlie: i am not likening him to that. as i have set i think insider-trading is a victimless crime. although you do go to jail for a long time if you trade on material nonpublic information. the feds believe there's a lot of that stuff going down at sec capital. fox business has learned they are investigating steve cohen and have been for many years and we were first report that in 2007 they tapped the phone and got a court order to tap the phone in his home where he conducts his business. lot of interest in him. the interest is so high, they really do believe this is a problematic firm, and news sources close to government investigators and the fbi has an organizational chart of sec capital, it looks just like one of those mob charts. we are getting this from sen
cheryl: interest and other fed in bringing charges against steve cohen. it appears even though he hasn't been convicted or charged with insider trading or anything some investigators are likening him to the head of an organized-crime family. senior correspondent charlie gasparino have a latest. charlie: i am not likening him to that. as i have set i think insider-trading is a victimless crime. although you do go to jail for a long time if you trade on material nonpublic information. the feds...
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Nov 27, 2012
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the former stryker ceo is joining me now in a fox business exclusive, steve mcmillan. the numbers were staggering i thought, 90,000 people die after they go in for one thing in a hospital and get some type of weird infection in the hospital. >> that's exactly right, liz. with staph, mrsa, all these things, we're effectively having a plane crash in this country, if you think about it. liz: all kinds of weird stuff? >> all kinds of various infections. people are getting concerned about going in for surgery because almost everybody knows a family member, a friend who has come out of the hospital and gotten sick afterwards. and we can now stop this. liz: david darst is leaving the set and he said a famous market participant in new york here, same thing, he got a hospital infection and died. >> and they are now preventable. we really think we have got the product that can help eliminate this. the huntsman cancer center put it into their toughest unit they had in the hospital. liz: that was your test hospital? >> they put it in their bone marrow transplant unit. they decided
the former stryker ceo is joining me now in a fox business exclusive, steve mcmillan. the numbers were staggering i thought, 90,000 people die after they go in for one thing in a hospital and get some type of weird infection in the hospital. >> that's exactly right, liz. with staph, mrsa, all these things, we're effectively having a plane crash in this country, if you think about it. liz: all kinds of weird stuff? >> all kinds of various infections. people are getting concerned...
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Nov 27, 2012
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steve liesman will have breaking news momentarily. steve, do you have that? >> yes, i do. what we have is a report from the new york fed on consumer finance. what the news shows is that overall, consumer credit outside of real estate is up just a bit. most of that, by the way, is student loan debt, being up about $42 billion inside that $2.7 trillion number. overall, mortgage debt is down and overall debt is down. the basic gist of the details, bill, is that consumer credit continues to decline overall. delinquencies are down and bankruptcies are down. balance sheet repair continues. a little bit more willingness of the consumer to take on some debt and a lot of it -- >> that's very interesting, steve. let me ask you something, david. >> i want to make one more point, which is that when you talk about how much the dow is down today, it should be down more because the rally we didn't have from the better economic news this morning. >> yeah, no, that was a good point. david, so we've got consumer confidence data, which shows the consumer is not concerned about the fiscal cli
steve liesman will have breaking news momentarily. steve, do you have that? >> yes, i do. what we have is a report from the new york fed on consumer finance. what the news shows is that overall, consumer credit outside of real estate is up just a bit. most of that, by the way, is student loan debt, being up about $42 billion inside that $2.7 trillion number. overall, mortgage debt is down and overall debt is down. the basic gist of the details, bill, is that consumer credit continues to...
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Nov 21, 2012
11/12
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steve israel, the chairman of the dccc put out a fund-raising e-mail saying that paul ryan. they planned -- >> however good you think that is, it didn't work. what did he -- >> let me address that. he actually won the seniors vote. i think he has opened up the possibility both for president obama and congressional republicans, and you saw this in this poll that came out, center left organization, talking about people are open on entitlement reform in a way they haven't been in the past and i think romney/ryan broke through a little bit on that. other policy areas. look, republicans have to do a better job over the next couple years, particularly the republican think tank community, has to do a better job of thinking through about how to talk about middle class economics and go into the r and d business. i'm a supply sider, i'm as much of a believer in, you know, pro growth supply side economics as anybody, but the anchor for every one of our debates about our economic future, cannot simply be about marginal tax rates as much as i support keeping marginal tax rates low. we ha
steve israel, the chairman of the dccc put out a fund-raising e-mail saying that paul ryan. they planned -- >> however good you think that is, it didn't work. what did he -- >> let me address that. he actually won the seniors vote. i think he has opened up the possibility both for president obama and congressional republicans, and you saw this in this poll that came out, center left organization, talking about people are open on entitlement reform in a way they haven't been in the...
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Nov 21, 2012
11/12
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steve? >> tyler, thanks very much. we are going to check the pulse of the consumer heading into this holiday season. the retailers can only do as well as the shopper is doing in their wallet, in their pocketbook and in their mind. here we have -- we have these nice lines here. that's supposed ton like d to ekg. we're checking the holiday health of the consumer. one of the key metrics for what consumers think about the world -- home prices. this time last year, median home price fell at almost a 6% rate. now it's rising by 11%. let's move on and take a look at wages. wages were up 3.5%. year on year this time last year. now the number is almost 4%. still needs to be 5% or 6% because that's a nominal number that doesn't account for inflation. sentiment 20 points high weather it comes to the consumer. what about the unemployment rate? this time last year we went into christmas with a 9% unemployment rate. now move it over. it is 7.9%. still too high but quite a bit better than it was. what about debt? a key aspect for how
steve? >> tyler, thanks very much. we are going to check the pulse of the consumer heading into this holiday season. the retailers can only do as well as the shopper is doing in their wallet, in their pocketbook and in their mind. here we have -- we have these nice lines here. that's supposed ton like d to ekg. we're checking the holiday health of the consumer. one of the key metrics for what consumers think about the world -- home prices. this time last year, median home price fell at...
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Nov 26, 2012
11/12
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look at steve jobs, bill gates the government ought to pay them. why they collect money for what they have contributed? he also talks about the 47% and how dangerous they are. so that is a very familiar concept. in a way that this super rich and the way it feels that there is a more fragile connection but in conclusion i just want us for one moment to put this in the 14th century. then this was one of the biggest cities did europe. that is remarkable. geographically it is such a yucky place. foggy, the speedos, lagoons, the only reason the italians ended up there they were chased off. is incredibly rich state sending traditions to china controlling demands and how did they do it? this fabulous rise to the most economic open system of that time. with a particular form of contract system if you would take on risk if he did not have capital you could share in the deal with a partner did and go on a mission the guy who did not have capital to risk his life but share of the profits. this was the reason you had the wealth of that is. but in the 14th cent
look at steve jobs, bill gates the government ought to pay them. why they collect money for what they have contributed? he also talks about the 47% and how dangerous they are. so that is a very familiar concept. in a way that this super rich and the way it feels that there is a more fragile connection but in conclusion i just want us for one moment to put this in the 14th century. then this was one of the biggest cities did europe. that is remarkable. geographically it is such a yucky place....
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Nov 28, 2012
11/12
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> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and madeleine albright when she was secretary of state, this is the third time for a during the day session here, this is a great partnership. i think the -- i have a friend here, allen was the founder of circuit city, just apparently wrote the rise and fall of circuit city and to some degree they are uncomfortable truths, when you think of nations and companies, there are rise and fall stories and the united states is so clean not on the fall side but political campaigns are a lousy time to think about the
> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum...
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Nov 29, 2012
11/12
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>> steve: sure. and we've been talking about how the atmosphere on capitol hill officially with the big negotiators has been kind of gloomy. politico, the lefty blog, says that inside the talks with the people who are doing a lot of talks, contours of a deal including the size of tax hikes and spending cuts, it will contain are starting to take shape. so it does sound like even though both sides are still strident in what they don't want to give up, sounds like behind the scenes they're starting to come to the middle. >> yeah. but if history is any indication, it's the republicans who move to the middle and the democrats who never budge and always get their way. >> gretchen: so michelle, why is that? why would republicans settle for just kicking the can down the road? >> well, because that has been the sort of drive in washington in modern politics. this was the reason why the tea party sprung up when it did. remember that it wasn't just disgust with democrats and obama. it was disgust with big gover
>> steve: sure. and we've been talking about how the atmosphere on capitol hill officially with the big negotiators has been kind of gloomy. politico, the lefty blog, says that inside the talks with the people who are doing a lot of talks, contours of a deal including the size of tax hikes and spending cuts, it will contain are starting to take shape. so it does sound like even though both sides are still strident in what they don't want to give up, sounds like behind the scenes they're...
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Nov 27, 2012
11/12
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dagen: steve, great to see you. take care. connell: some breaking news before we get back to all of this fiscal cliff top. some news breaking from our very own charlii gasparino. steve cohen is stopping the outflow of funds. they are going to hold a call today. this will take place this morning. they will hold a call with investors, according to charlie gasparino. charlie, himself, will have more on this throughout the day on fox business. back to the cliff. with the president's legacy at risk, our next guest is here to talk about a compromise. i do not believe you agree with steve moore. are you putting your money where your mouth is? >> i do not agree with steve. i have lived inside the beltway for quite a long time. president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few w
dagen: steve, great to see you. take care. connell: some breaking news before we get back to all of this fiscal cliff top. some news breaking from our very own charlii gasparino. steve cohen is stopping the outflow of funds. they are going to hold a call today. this will take place this morning. they will hold a call with investors, according to charlie gasparino. charlie, himself, will have more on this throughout the day on fox business. back to the cliff. with the president's legacy at risk,...
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Nov 24, 2012
11/12
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why do they collect money from bill gates and steve jobs for what they contributed? is ridiculous. he also talked about the 47% and how dangerous they are. just a reminder that that is a very familiar concept. these are the attitudes and ways of thinking, in a way paradoxically, meredith kranick, working superrich, there is a more fragile connection to the middle-class man in the prior age. in conclusion, i just wanted to take us all for one moment to venice in the 14th century. in the fourteenth century, the beginning of the fourteenth century, venice was one of the biggest cities in europe, one of the biggest and richest and that is remarkable. if you have ever been there, geographically is such a crummy place. foggy, mosquito ridden, lagoons, very hard to build and the reason the italian ended up there was the hon is chased them off of the good land. here it was, incredibly rich and powerful state sending its trade missions all the way to china. controlling, controlling lands along the croatian coast, controlling land is very far into the italian in land, how did they do it? nat
why do they collect money from bill gates and steve jobs for what they contributed? is ridiculous. he also talked about the 47% and how dangerous they are. just a reminder that that is a very familiar concept. these are the attitudes and ways of thinking, in a way paradoxically, meredith kranick, working superrich, there is a more fragile connection to the middle-class man in the prior age. in conclusion, i just wanted to take us all for one moment to venice in the 14th century. in the...
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Nov 24, 2012
11/12
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steve. uma right now we are looking at what could be a show down between morsi and the country's judges here in cairo and others in the country. they say they will sphop work until the new president repeals his thursday decree that gave him the power to issue laws without oversight ask chance of them being over turned by the courts. the judges say he's trying to put himself above the law. it will be interesting to see whether all legal prosecutions come to a halt. numbers are fall down today. and numbers large yesterday about 40,000 at their peek and the protest turned violent. one police car set on fire. and protestors are hurling molotov cocktails and the violence in egypt is not limited to cairo police officers of the muslim brotherhood were ran sacked and set on fire. (inaudible) >> we apologize for the technical difficulties from steve who is reporting to us from cairo. and joining us now dr. feres and more on the foul out over the egyptian's move to seize power. welcome. thank you for
steve. uma right now we are looking at what could be a show down between morsi and the country's judges here in cairo and others in the country. they say they will sphop work until the new president repeals his thursday decree that gave him the power to issue laws without oversight ask chance of them being over turned by the courts. the judges say he's trying to put himself above the law. it will be interesting to see whether all legal prosecutions come to a halt. numbers are fall down today....
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Nov 21, 2012
11/12
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>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's been bipartisan to support small business, frankly, i think we have to create an environment that supports all business, and if we're going to take advantage as we have historically on entrepreneurial and innovation success. i come back to the -- a lot of this is blocking and tackling a lot of it is being long term and being strategic, and our -- just aware of it, our business school alumni are all over the world, and they -- the -- our international alumni have been even more answer, -- anxious that the school took it on more and positive. we believe mo
>> steve, i very much agree with steve's assessment. we have apple, but they don't make anything in america. that tell us we have a great engine still working, but, again, we made the cost and complexity of doing business in this country prohibitive, and as bill gates said earlier, we don't -- we have not risen our skill base enough to have employees who can earn the high wage that americans need to earn so i think -- i think all though entrepreneurship is part of the solution, and it's...
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Nov 25, 2012
11/12
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steves: from granada, it's a two-hour drive over the mountains and down into europe's fun-in-the-sun headquarters, the costa del sol. i find this strip of mediterranean coastline generally overbuilt and very commercialized. malaga, the major city of the coast, is a good place to pass through. and almost anything even resembling a quaint fishing village is long gone, replaced by time-share condos and golf courses. the big draw is the beaches. there are plenty of hotels, and sun worshipers enjoy themselves in spite of the congestion and lack of charm or local culture. nearly every country from europe's drizzly north tucks an expatriate community somewhere along this coast. they don't want to leave their culture, just their weather. my favorite costa del sol stop is the resort town of nerja. while capitalizing on the holiday culture, nerja has retained some of its charm. the church fronts the square, which fronts the beach, and everybody's out strolling, eventually winding up on the proud "balcony of europe" terrace. this bluff, jutting jauntily into the sea, overlooks miles of coastlin
steves: from granada, it's a two-hour drive over the mountains and down into europe's fun-in-the-sun headquarters, the costa del sol. i find this strip of mediterranean coastline generally overbuilt and very commercialized. malaga, the major city of the coast, is a good place to pass through. and almost anything even resembling a quaint fishing village is long gone, replaced by time-share condos and golf courses. the big draw is the beaches. there are plenty of hotels, and sun worshipers enjoy...
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and has to come in time for the country to make its next debt payment early on monday i spoke with steve jacobson chief economist at sachs a bank in copenhagen he says there will be no when when situations somebody will have to accept the loss. part of the solution this time around will be that greece is giving up to ten billion euros to buy back some of their own debt and retire but you have to remember that indebted in itself is what we call an o.s.i. a public sector involvement in this means that if sensually we have started the process of taking have customs a greek debt so you know one hundred twenty percent one hundred twenty percent to twenty two percent of g.d.p. doesn't really matter everybody knows that if your debt to g.d.p. is higher than ninety you have a huge future tax on your growth and you have negative downside for years to come but if you were one of the finance ministers what would you suggest as the solution i will start negotiating who should take the losses here because we need to reduce greek debt to g.d.p. below ninety percent if we really wanted for greece to ha
and has to come in time for the country to make its next debt payment early on monday i spoke with steve jacobson chief economist at sachs a bank in copenhagen he says there will be no when when situations somebody will have to accept the loss. part of the solution this time around will be that greece is giving up to ten billion euros to buy back some of their own debt and retire but you have to remember that indebted in itself is what we call an o.s.i. a public sector involvement in this means...
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Nov 29, 2012
11/12
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let's go over to steve paulson for the weather, it is on its way. >>> well, it is already getting a little breezy as the south wind kicks in. there will be hit and miss showers but the front is up towards crescent road
let's go over to steve paulson for the weather, it is on its way. >>> well, it is already getting a little breezy as the south wind kicks in. there will be hit and miss showers but the front is up towards crescent road
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Nov 23, 2012
11/12
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say when you were at apple and creating apple stores, retail stores that it took a long time and that steve jobs had a game plan. how did you convince the critics that they can wait for you to do what you want to do? >> i think people will wait. you got to remember for every sale of a stock another person buy as stock. we have a rotation in our investor base. our investors are looking at where we'll be down the road, not where we'll be this year. our vision is very clear. you know, we built out this really great mock up of the future jcp store in dallas. everybody gets to see that and excited about it and that will roll out next year. by back to school next year 40% of the store will be updated. a new home area, kid area. we'll be one of the most exciting stores in the mall in the next few months ahead. >> i can see you're enthusiasm, ron johnson. i'm hoping you're wearing a jc penney sweater. >> i am. this is our jcp sweater. it's actually -- think about this. it has cotton and cashmere and you can buy this today for $15. >> sounds like a deal. >> it's unbelievable. >> you're eliminating c
say when you were at apple and creating apple stores, retail stores that it took a long time and that steve jobs had a game plan. how did you convince the critics that they can wait for you to do what you want to do? >> i think people will wait. you got to remember for every sale of a stock another person buy as stock. we have a rotation in our investor base. our investors are looking at where we'll be down the road, not where we'll be this year. our vision is very clear. you know, we...
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Nov 23, 2012
11/12
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we have meaty data points, steve. many are looking for a rather substantial upward revision on our second look at third quarter gdp. i'm not sure if i buy into it. but trust me, if we do really see three-quarters to 1% upgrade, that would be something the markets would have to deal with. >> i don't agree, rick. not just because i reflexively disagree with you, i think that what i keep asking economists, all right, we're going from -- we've been talking about this for a couple weeks now. we probably are going to go to 3% from 2%, the original print. i don't hear any upside on fourth quarter. the only thing i'm seeing is maybe sandy gives a little boost. everybody is still in that 1% to 1.5% range. maybe the market get excited on revision of third quarter but i suggest it shouldn't if fourth quarter will be a 1.5% economy. >> i tell you what, if we get a 2.8 revision, i would venture to say you'll see at least a 7 to 10 basis point move in a ten-year note yield. whether it lasts or not is a big deal. it's worth 7 to 10
we have meaty data points, steve. many are looking for a rather substantial upward revision on our second look at third quarter gdp. i'm not sure if i buy into it. but trust me, if we do really see three-quarters to 1% upgrade, that would be something the markets would have to deal with. >> i don't agree, rick. not just because i reflexively disagree with you, i think that what i keep asking economists, all right, we're going from -- we've been talking about this for a couple weeks now....
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Nov 27, 2012
11/12
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steve forbes, chairman, editor-in-chief of forbes media with me now. how are you doing, steve. good morning to you. >> how are you, bill? bill: i'm doing fine. hope you had a good thanksgiving too. this is a sad reality for so many millions of americans. if unemployment benefits are scaled back or lost to many of them, do you believe that others believe it could have a significant impact on our economy? >> well, it is not so much the impact on the economy, it is on those particular individuals and in terms of enabling them to get new schools or to take jobs. one of the things that a lot of people are coming to grips with, they're not going to get the kind of job they had before this economic crisis and will have to lower their expectations but on this whole thing on the unemployment benefits, i, that is going to have to be dealt with, obviously as part of the fiscal cliff. i think given all that has to be done, bill, i think the most realistic thing, take everything, extend it for 90 days or 180 days so we don't have the idea we can reform social security, medicare, medicaid, t
steve forbes, chairman, editor-in-chief of forbes media with me now. how are you doing, steve. good morning to you. >> how are you, bill? bill: i'm doing fine. hope you had a good thanksgiving too. this is a sad reality for so many millions of americans. if unemployment benefits are scaled back or lost to many of them, do you believe that others believe it could have a significant impact on our economy? >> well, it is not so much the impact on the economy, it is on those particular...
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Nov 26, 2012
11/12
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the lift is -- >> steve doesn't like this. >> steve is willing to go over the cliff. >> i'm totally with senator corker on the idea of getting this done and getting it done now. the question is where do the compromises come. if the white house said we'll take the top rate of 36% or 37% instead of 39.6 and have a different cap on deductions are you open for those kinds of compromises? >> steve, i don't know of any republican who has written a bill that shows $1 trillion in revenues and i've done this to help break the dam. i'm not going to obviously negotiate on "squawk box" as to what i would be willing to do but i'm showing a way to make this happen. am i showing flexibility yes. many of my republican are in the same place, absolutely. the point is, steve, these changes are really not hard to do. look, i'm open to whatever, i know speaker boehner has shown a willingness, the president has shown a willingness. we have to have real entitlement reform. that at the end of the day, steve, to me is the issue. i think the republicans are showing flexible on revenues. i think it's going to be t
the lift is -- >> steve doesn't like this. >> steve is willing to go over the cliff. >> i'm totally with senator corker on the idea of getting this done and getting it done now. the question is where do the compromises come. if the white house said we'll take the top rate of 36% or 37% instead of 39.6 and have a different cap on deductions are you open for those kinds of compromises? >> steve, i don't know of any republican who has written a bill that shows $1 trillion...
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Nov 29, 2012
11/12
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not great. >> let me jump in, steve, and ask it a different way then. how about this -- based on earnings and valuations, where is the dow's fair value right now? where should it be? >> boy, you know, i think the dow's fair value is probably somewhat higher. i'm not going to base it on earnings as much as i am going to base it on historically low interest rates. i mean the interest rates that we have out there now act as a tremendous flotation device for equity valuations. so i think the market will drift higher and i think that fair value is being driven by a risk-free rate that's essentially 0.01%, rather than by the earnings power. by the way, corporate america's demonstrated good earnings up until the last earnings season where it started to weaken. but the five prior earnings seasons have been very, very good. so certainly driving part of the valuation process there. >> art, where do you think fair value for the dow should be? >> i think if we sort of look beyond the fiscal cliff we get beyond this, we've got some results. not just a short-term fix
not great. >> let me jump in, steve, and ask it a different way then. how about this -- based on earnings and valuations, where is the dow's fair value right now? where should it be? >> boy, you know, i think the dow's fair value is probably somewhat higher. i'm not going to base it on earnings as much as i am going to base it on historically low interest rates. i mean the interest rates that we have out there now act as a tremendous flotation device for equity valuations. so i...
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Nov 28, 2012
11/12
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melissa: steve harrigan, stay safee thanks so much for your report. there is so much we don't know about egyptian president mohammed morsi but my next guest actually interviewed him last year while studying the muslim brotherhood. he is a next generation fellow with the washington institute for near east policy. and, eric, are you surprised by what you see going on right now based on what you know of president morsi? >> thanks for having me. i'm not surprised at all. i mean mohammed morsi, first of all, comes from an organization that is very dictatorial. that is an organization that takes five to eight years to join and as part of that five to eight-year process the brotherhood tries to weed t anyone who disagrees with it. this is reay organization that doesn't embryce pluralism. what i learned about mohammad morsi in the course of studying him, before becomes the president of egypt he was the muslim brotherhood's internal enforcer. in other words he was the one responsible for pushing people who disagreed with some of the organization's ideas or dis
melissa: steve harrigan, stay safee thanks so much for your report. there is so much we don't know about egyptian president mohammed morsi but my next guest actually interviewed him last year while studying the muslim brotherhood. he is a next generation fellow with the washington institute for near east policy. and, eric, are you surprised by what you see going on right now based on what you know of president morsi? >> thanks for having me. i'm not surprised at all. i mean mohammed...